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2022
Exports $41.2kWorld Rnk 51 / 92
Flag Rnk 1135 / 1198
2022
Destination $18.2k Vietnam
2021 - 2022
FASTEST GROWING MARKET $18.2kVietnam
2022
PRODUCT COMPLEXITY IN Artificial Textile Machinery1.99Rnk 5 / 1025
2022
Imports $15.6MWorld Rnk 12 / 168
Flag Rnk 759 / 1203
2022
Origin $6.64M China
2021 - 2022
FASTEST GROWING ORIGIN $6.64MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $41.2k in Artificial Textile Machinery, making it the 51st largest exporter of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 1135th most exported product in Malaysia. The main destination of Artificial Textile Machinery exports from Malaysia are: Vietnam ($18.2k), Nicaragua ($13.3k), Singapore ($9.12k), Philippines ($195), and Brunei ($138).

The fastest growing export markets for Artificial Textile Machinery of Malaysia between 2021 and 2022 were Vietnam ($18.2k), Nicaragua ($13.3k), and Singapore ($2.07k).

Imports In 2022, Malaysia imported $15.6M in Artificial Textile Machinery, becoming the 12th largest importer of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 759th most imported product in Malaysia. Malaysia imports Artificial Textile Machinery primarily from: China ($8.21M), United States ($3.42M), India ($2.33M), Thailand ($1.2M), and Australia ($133k).

The fastest growing import markets in Artificial Textile Machinery for Malaysia between 2021 and 2022 were China ($6.64M), India ($2.33M), and Thailand ($1.2M).

Latest Trends

January 2024

About

Overview In January 2024 Malaysia's Artificial Textile Machinery exports accounted up to MYR3.15k and imports accounted up to MYR525, resulting in a positive trade balance of MYR2.62k. Between September 2020 and January 2024 the exports of Malaysia's   Artificial Textile Machinery have decreased by MYR-61.5k (-95.1%) from MYR64.7k to MYR3.15k, while imports decreased by MYR-19.7M (-100%) from MYR19.7M to MYR525.

Destinations In January 2024, Artificial Textile Machinery were exported mostly to , and were imported mostly from China (MYR525).

Growth In January 2024, the decrease in Artificial Textile Machinery's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Artificial Textile Machinery's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2020 - January 2024)MYR-61.5k(-95.1%)
IMPORT GROWTH (May 2023 - June 2024)MYR-19.7M(-100%)
MAIN DESTINATION (January 2024)

This section shows Artificial Textile Machinery's exports and imports data at subnational level for Malaysia. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Artificial Textile Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$41.2k
IMPORTS (2022)$15.6M
NET TRADE (2022)-$15.5M

In 2022, Malaysia exported $41.2k in Artificial Textile Machinery. The main destinations of Malaysia exports on Artificial Textile Machinery were Vietnam ($18.2k), Nicaragua ($13.3k), Singapore ($9.12k), Philippines ($195), and Brunei ($138).

In 2022, Malaysia imported $15.6M in Artificial Textile Machinery, mainly from China ($8.21M), United States ($3.42M), India ($2.33M), Thailand ($1.2M), and Australia ($133k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Textile Machinery EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Vietnam$18.2k (1%)
Nicaragua$13.3k (1%)
Singapore$2.07k (29.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Textile Machinery BY Malaysia WERE (2021 - 2022):
India-$1.06M (-100%)
Denmark-$46.9k (-100%)
China-$29.1k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Artificial Textile Machinery were:
Germany $678M
China $325M
Japan $159M
In 2022, Malaysia's main importing competitors in Artificial Textile Machinery were:
China $489M
Turkey $190M
India $161M

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Trade Value of Artificial Textile Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $8.06k
TOP IMPORT POTENTIALChina+ $514k

Artificial Textile Machinery’s highest export potential is Vietnam. With an export gap of $8.06k.   Artificial Textile Machinery’s highest import potential is China with an import gap of $514k.

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